Dev Information Technology’s big break: Rs 97 lakhs order from GSFC could transform its future

Dev Information Technology Limited (DEV IT), a prominent player in the global IT services industry, has clinched a ₹97 lakhs contract from Gujarat State Fertilizers & Chemicals Limited (GSFC), a major undertaking of the Gujarat Government. This milestone underscores DEV IT’s expanding footprint in the IT sector, reinforcing its position as a trusted partner for government entities.

The Order’s Scope

The substantial order will see DEV IT provide comprehensive Managed IT Services for GSFC’s Network Operating Centre. This encompasses the management and maintenance of GSFC’s email solution, ensuring the seamless and fail-safe operation of its critical communication infrastructure. Additionally, DEV IT will oversee the Active Directory and Read-Only Domain Controller servers, enhancing the reliability and security of GSFC’s IT environment.

Strategic Importance

This achievement is not just a contract win but a strategic move that positions DEV IT for future government partnerships. It reflects the company’s robust capabilities in managing large-scale IT operations and its commitment to delivering cutting-edge solutions across diverse sectors.

Statement from Leadership

Pranav Pandya, Founder & Chairman of DEV IT, expressed his enthusiasm about the project: “We are thrilled to be entrusted with this significant project by GSFC. This order further solidifies our role as a reliable partner in delivering Managed IT Services and highlights our commitment to supporting critical infrastructure with advanced and effective solutions.”

Pandya also highlighted recent successes, including contracts from the Chief Minister’s Office for SQL Server Enterprise and Windows Server, as well as an order from RajCOMP Info Services Ltd. These achievements reflect DEV IT’s growing reputation and capacity to address complex IT needs across various sectors.

Company Overview

Founded in 1997, Dev Information Technology Limited (DEV IT) has evolved from a small-scale business automation software provider into a global IT services leader. Headquartered in Ahmedabad, with offices in India and Canada, the company offers a comprehensive suite of services including Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services. Its products, such as the analytics platform Talligence and the digital signing solution ByteSigner, underscore its commitment to innovation and quality.

In FY24, DEV IT reported a revenue of ₹165.12 crore, EBITDA of ₹15.31 crore, and PAT of ₹9.48 crore, reflecting its strong financial performance and growth trajectory.

Future Outlook

As DEV IT continues to expand its service offerings and explore new opportunities, it remains dedicated to driving digital transformation and delivering exceptional value to its clients. The recent contract with GSFC marks a significant milestone and sets the stage for further prestigious opportunities in the future.